ENXTPA:PREC

Stock Analysis Report

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Executive Summary

Precia SA designs, manufactures, sells, and services weighing instruments and solutions.

Rewards

Trading at 41% below our estimate of its fair value

Earnings have grown 6.4% per year over the past 5 years

Risk Analysis

No risks detected for PREC from our risk checks.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has Precia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PREC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.4%

PREC

4.8%

FR Machinery

-0.3%

FR Market


1 Year Return

1.1%

PREC

10.8%

FR Machinery

-7.5%

FR Market

Return vs Industry: PREC exceeded the French Machinery industry which returned -0.9% over the past year.

Return vs Market: PREC exceeded the French Market which returned -8.9% over the past year.


Shareholder returns

PRECIndustryMarket
7 Day3.4%4.8%-0.3%
30 Day4.0%8.9%4.8%
90 Day7.1%16.3%12.6%
1 Year1.1%1.1%10.9%10.8%-5.6%-7.5%
3 Year-10.9%-13.1%27.2%14.2%10.9%1.6%
5 Year63.6%55.6%48.8%31.9%24.4%7.6%

Price Volatility Vs. Market

How volatile is Precia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Precia undervalued compared to its fair value and its price relative to the market?

41.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PREC (€182) is trading below our estimate of fair value (€308.43)

Significantly Below Fair Value: PREC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PREC is poor value based on its PE Ratio (15.6x) compared to the FR Machinery industry average (10.7x).

PE vs Market: PREC is poor value based on its PE Ratio (15.6x) compared to the French market (15x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PREC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PREC is overvalued based on its PB Ratio (1.5x) compared to the FR Machinery industry average (1.2x).


Next Steps

Future Growth

How is Precia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.8%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Precia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Precia performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PREC has high quality earnings.

Growing Profit Margin: PREC's current net profit margins (4.6%) are lower than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: PREC's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: PREC's earnings growth over the past year (3.5%) is below its 5-year average (6.4% per year).

Earnings vs Industry: PREC earnings growth over the past year (3.5%) underperformed the Machinery industry 8.7%.


Return on Equity

High ROE: PREC's Return on Equity (9.8%) is considered low.


Next Steps

Financial Health

How is Precia's financial position?


Financial Position Analysis

Short Term Liabilities: PREC's short term assets (€79.6M) exceed its short term liabilities (€44.2M).

Long Term Liabilities: PREC's short term assets (€79.6M) exceed its long term liabilities (€18.6M).


Debt to Equity History and Analysis

Debt Level: PREC's debt to equity ratio (20.4%) is considered satisfactory.

Reducing Debt: PREC's debt to equity ratio has increased from 14.9% to 20.4% over the past 5 years.

Debt Coverage: PREC's debt is well covered by operating cash flow (98.6%).

Interest Coverage: PREC's interest payments on its debt are well covered by EBIT (902.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Precia current dividend yield, its reliability and sustainability?

0.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PREC's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.72%).

High Dividend: PREC's dividend (0.66%) is low compared to the top 25% of dividend payers in the French market (4.89%).


Stability and Growth of Payments

Stable Dividend: PREC is not paying a notable dividend for the French market, therefore no need to check if payments are stable.

Growing Dividend: PREC is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: PREC is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PREC's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

René Colombel

no data

Tenure

Monsieur René Colombel serves as Chairman of Management Board at Precia SA (a/k/a, Precia Société Anonyme). 


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Precia SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Precia SA
  • Ticker: PREC
  • Exchange: ENXTPA
  • Founded: 1951
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €98.397m
  • Shares outstanding: 540.64k
  • Website: https://www.preciamolen.com

Number of Employees


Location

  • Precia SA
  • Le Ruissol
  • BP 106
  • Privas
  • Rhône-Alpes
  • 7001
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRECENXTPA (Euronext Paris)YesSocial SharesFREURJan 1992
0FOSLSE (London Stock Exchange)YesSocial SharesGBEURJan 1992
PRECPBATS-CHIXE (BATS 'Chi-X Europe')YesSocial SharesGBEURJan 1992

Biography

Precia SA designs, manufactures, sells, and services weighing instruments and solutions. The company offers industrial weighing scales, such as ready to weigh, postal, laboratory, load receptor, and access range of scales; user interfaces and displays; slave displays; vehicle weighing and access control products, including weighbridges, weighbridges indicators and displays, driver terminals, and weighbridge software and accessories; and checkweighers. It also provides tank weighing load cells and weighing indicators; weighing stations for the manual and automatic dosing of ingredients associated with manufacturing recipes; average weight control products; bulk continuous weighing products comprising belt scales, weighing conveyors, belt speed conveyor measurement devices, and weighing controllers; and bulk discontinuous weighing, such as automatic bulk scales and discontinuous weighing controllers. In addition, the company offers bulk dosing products; weighing products for hazardous areas; and software suite of products for analyzing quarries performance. It serves agro, food, environment, quarrying, and mining industries worldwide. The company was founded in 1951 and is headquartered in Privas, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 20:59
End of Day Share Price2020/07/13 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.